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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Stoctrash who wrote (7342)	10/27/1998 4:10:00 PM
From: Tom Trader	Read Replies (2) of 44573

BTW Fred, I have never tested the system against the NDX to see how well it does--though I suspect that it does fine. I keep a tab on these numbers for various indices because it gives me a lot more confidence to short OEX options if the sell signal in the spoos is confirmed some other indices. For example today, the BKX was the first one to give a sell signal and then much later the OEX followed and then the spoos and finally the SPX and the SOX. The fact that the NDX and NAZ did not confirm caused me to be somewhat cautious in shorting the OEX calls. Talk to you guys tomorrow Hope that Carpino is right about tomorrow and that it is not the start of a rally as opposed to a sell-off

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